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1981 Yamaha TT250 restore

First off I know its a 4 stroke but my Dad gave it to me so I'm going to give it the restore it needs. He bought it back in 1992 for $500 and it was in perfect shape, looked like it just came off the showroom floor.
Now it just looks horrible from all the sitting it has done in the last 5 years. He left it out in the weather for 2 years with just some half ass tarp covering it. I moved it into his shed and thats were its been sitting for the last 3 years.
It started running shitty right before he put it up 5 years ago (cuts out under power) so I rebuilt the carb and adjusted the valves but its still doing it. Well here are some pics of the teardown so far.

Its got YZ front and rear fenders on it (will be going in the trash) and I have both side panels for it.